Q:

If the rupee depreciates, how the exporters are affected?

A) They are unaffected	B) They are in loss
C) They are in profit	D) They get credit crunch

Answer & Explanation Answer: C) They are in profit

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

An economic system combining private and state enterprise is called as _____

A) Market economy	B) Centrally planned economy
C) Private economy	D) Mixed economy

Answer & Explanation Answer: D) Mixed economy

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Filed Under: Indian Economy
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Q:

Goods whose demand is proportional to price are called

A) inferior goods	B) Veblen goods
C) normal goods	D) exclusive goods

Answer & Explanation Answer: B) Veblen goods

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Filed Under: Indian Economy
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

Scientists show that there is a curious (1)/ relationship among a lion’s life span and (2)/ the pattern of spots on each side of its face. (3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan	B) Bangladesh
C) India	D) China

Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Filed Under: General Awareness

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Q:

Statement I :The Poona Pact provided for 151 reserved seats for the scheduled castes to be elected by a joint, not separate, electorate.

Statement II :Dr. B. R. Ambedkar withdrew from active politics for almost a decade when the Communal Award was revoked.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I	B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false	D) Statement I is false but Statement II is true

Answer & Explanation Answer: C) Statement I is true but Statement II is false

Explanation:

The Poona Pact was an agreement between Dr. Babasaheb Ambedkar and Mahatma Gandhi which was signed on 24 September 1932 at Yerwada Central Jail in Pune, India, which asserted that there will be a single Hindu electorate, with scheduled castes having seats reserved within it,So the representation of these classes was based on the standards of joint electorates and reserved seats. The Communal Award was made by the British Prime Minister Ramsay MacDonald on 16 August 1932 which allowed separate electorates in India, and it was supported by Ambedkar.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The 48th World Economic Forum (WEF) annual meeting was held in which of the following countries?

A) Australia	B) China
C) Switzerland	D) France

Answer & Explanation Answer: C) Switzerland

Explanation:

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Q:

The Indian and Japanese Prime Ministers have recently signed a high-spend rail project deal that will connect Mumbai with which major city?

A) Bangalore	B) Hyderabad
C) Ahmedabad	D) New Delhi

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